Distribution Solutions Group, Inc. — Director's Dealing 2014

Nov 14, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LAWSON PRODUCTS INC/NEW/DE/ (LAWS)
CIK: 0000703604
Period of Report: 2014-11-12

Reporting Person: KDI CAPITAL PARTNERS LLC (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-11-12	Common Stock	P	6656	$21.65	Acquired	183256	Indirect
2014-11-12	Common Stock	P	1624	$21.65	Acquired	56337	Indirect
2014-11-12	Common Stock	P	2371	$21.65	Acquired	89892	Indirect
2014-11-12	Common Stock	P	3655	$21.65	Acquired	157423	Indirect
2014-11-12	Common Stock	P	4450	$21.65	Acquired	119242	Indirect
2014-11-13	Common Stock	P	1901	$22.0917	Acquired	916614	Indirect

Footnotes

F1: Pursuant to Rule 16(a)-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that the Reporting Person is, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of the equity securities covered by the statement.

F2: Represents shares of common stock owned by A Few Valuable Businesses Partnership (AFVB Partnership), of which KDI owns less than a 1% interest, all of which shares could be deemed to be owned beneficially by KDI solely as a result of its discretionary power over such shares as investment advisor and general partner to the AFVB Partnership.

F3: Represents shares of common stock owned by Worthy Companies Limited Partnership (WC LP), of which KDI owns less than a 1% interest, all of which shares could be deemed to be owned beneficially by KDI solely as a result of its discretionary power over such shares as investment advisor and general partner to the WC LP.

F4: Represents shares of common stock owned by Financial Ascent Limited Partnership (FA LP), of which KDI owns less than a 1% interest, and of which 7.982% is owned by trusts affiliated with Mr. John M. Days family, all of which shares could be deemed to be owned beneficially by KDI solely as a result of its discretionary power over such shares as investment advisor and general partner to the FA LP. Mr. Day is a Managing Member of KDI and holds a controlling percentage of the outstanding voting securities. As a result of his position with and ownership of KDI, he could be deemed to share beneficial ownership with KDI. Mr. Day disclaims beneficial ownership of shares beneficially owned by KDI except to the extent of his pecuniary interest in such shares.

F5: Represents shares of common stock owned by Outstanding Businesses Limited Partnership (OB LP), of which KDI owns less than a 1% interest, all of which shares could be deemed to be owned beneficially by KDI solely as a result of its discretionary power over such shares as investment advisor and general partner to the OB LP.

F6: Represents shares of common stock owned by Financial Ascent TE Limited Partnership (FATE LP), of which KDI owns less than a 1% interest, all of which shares could be deemed to be owned beneficially by KDI solely as a result of its discretionary power over such shares as investment advisor and general partner to the FATE LP.

F7: $22.0917 is the weighted average purchase price for the transactions reported in this line item. These transactions were consummated at prices ranging from $22.0600 to $22.1000. The filing person undertakes to provide full information regarding the number of shares purchased at each price upon request by the Securities and Exchange Commission, the Company or a security holder of the Company.

F8: 916614 represents shares deemed to be owned beneficially by KDI Capital Partners LLC (KDI) directly and solely as a result of its discretionary power over such shares as investment advisor to its separately management account clients. Such number includes the shares owned by AFVB Partnership, WC LP, FA LP, OB LP and FATE LP. KDI disclaims beneficial ownership of such shares except to the extent of KDI's pecuniary interest in such shares, if any.